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workinclasszero

(28,270 posts)
Sat Jul 22, 2017, 09:45 AM Jul 2017

Republicans embrace tax hike targeting Democratic states

Republicans embrace tax hike targeting Democratic states
By STEPHEN OHLEMACHER Today AP

WASHINGTON (AP) — Republicans aren’t usually big on raising taxes, but they’re really eager to eliminate the federal deduction for state and local taxes.

Why? A look at the states that benefit the most from the tax break helps explain it — they are all Democratic strongholds. New York, Connecticut, New Jersey and California top the list of states where taxpayers get the biggest deductions. Not a single Republican-leaning state ranks in the top 10.

“Although Republicans usually recoil at any type of tax increase, cutting this tax break would almost be fun for them,” said Martin Sullivan, chief economist for Tax Analysts. “It provides massively disproportionate deductions to high-tax states controlled by Democrats.”

Proposals by House Republican leaders and President Donald Trump would repeal the tax break as part of their packages to overhaul the American tax code.

https://apnews.com/91d3a13f83454c98a8a0c224f8117eb2/Republicans-embrace-tax-hike-targeting-Democratic-states?utm_campaign=SocialFlow&utm_source=Twitter&utm_medium=AP
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Republicans embrace tax hike targeting Democratic states (Original Post) workinclasszero Jul 2017 OP
Except the *states* don't pay federal income tax, *people* do unblock Jul 2017 #1
True, I doubt this one goes far...nt Wounded Bear Jul 2017 #2
Right workinclasszero Jul 2017 #3
It'll never pass taught_me_patience Jul 2017 #4

unblock

(52,203 posts)
1. Except the *states* don't pay federal income tax, *people* do
Sat Jul 22, 2017, 10:33 AM
Jul 2017

And my guess is that most of the *people* this would affect are republican, even if they live in blue states.

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